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determinants of real wages for Estonia between 2006Q3 and 2022Q3 and Latvia between 2004Q1 and 2022Q3. The lagged dependent … variable exerts the most considerable impact on real wages, i.e., real wages in the preceding quarter. We find that … the Estonian model, real productivity has a relatively stronger impact than unemployment in explaining real wages. In both …
Persistent link: https://www.econbiz.de/10014529958
developing countries been responsible for thelowered wages of the unskilled, increased unemployment, and widenedincome inequality …
Persistent link: https://www.econbiz.de/10015058164
Nominal wage growth in Denmark has so far been modest and outpaced by high inflation, putting real wage growth in negative territory. Amid still-tight labor markets, this has raised concerns about wage pressures going forward and the eventual impact on inflation. The analysis suggests that wage...
Persistent link: https://www.econbiz.de/10015059224
Mali's wage bill has soared to levels not seen since the early 1990s. This may cause considerable opportunity costs-limiting fiscal space and potentially adding to inflationary pressures-as well as adversely affect medium-term debt sustainability as it weighs heavily on the primary deficit. This...
Persistent link: https://www.econbiz.de/10015059230
been weak due to the rise of part-time workers and their declining hours, real wages per hour have risen across all labor …
Persistent link: https://www.econbiz.de/10015059436
We compile a novel database on average public and private sector wages and public-private wage differentials, which we … counter-cyclically, increasing during economic downturns, and increases prior to elections. Both private sector wages and … inflation respond positively to changes in public wages, albeit with significant heterogeneity in the effects across countries …
Persistent link: https://www.econbiz.de/10015059582
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